Nat cat insured losses to cross US$135bn in 2024: Swiss Re
December 5 2024 by InsuranceAsia News
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P&I clubs face painful renewals as soaring Baltimore bridge liability costs leave some with difficult decisions to make
- July 29
Cost of the MV Dali's collision with the Francis Scott Key Bridge in Baltimore in March 2024 is threatening the limits of the International Group (IG) of P&I Club’s reinsurance program and its Hydra captive.
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Sompo swoops for US workers’ compensation specialist Service Insurance Companies
- July 8
Acquisition deepens Sompo's presence across products, customer segments and distribution channels, particularly within the SME and general agent markets.
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Tiptree, Warburg Pincus complete US$1.65bn Fortegra sale to DB Insurance
- May 31
The all-cash deal marks DB's entry into the US and Europe's non-life insurance markets.
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‘Pronounced softening’ at Florida renewals bodes well for APAC insureds, but long-term risks are building
- May 27
Double-digit price cuts at the June 1 Florida renewals point to near-term relief for APAC cedents, yet rising coastal exposure and inflation-driven construction costs warn that rating adequacy remains a longer-term challenge.
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BHSI | The real risk begins underwater: how subsea risk is changing insurance
Asia's subsea industry is expanding and evolving rapidly.
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Beazley | Clean marine: How aqua-innovators can ride the energy wave
Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
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PartnerRe | Dementia the protection gap insurers can no longer ignore
Unlike acute illnesses, dementia creates a long tail of financial need and its impact extends well beyond patients.
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Sedgwick | Investing in people is shaping the future of loss adjusting in Asia
Sedgwick Asia says it is ready to meet the evolving challenges of Asia’s dynamic insurance markets.
